The AUDUSD pair could not manage to break 0.7615 level, to show positive trades and approaches the key resistance that rises now to 0.7670, noticing that stochastic loses its positive momentum clearly, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which its targets begin by breaking 0.7615 to confirm heading towards 0.7500 as a next station.
We should note that breaching 0.7665 will stop the suggested decline and lead the price to attempt to regain the main bullish trend again.
The expected trading range for today is between 0.7580 support and 0.7670 resistance
The expected trend for today: Bearish
Origin: Economies
